Small and Medium

Enterprises

in Muslim Countries

Edited by

Moha Asri Abdullah

Muhammad-Bashir Owolabi Yusuf

Introduction by

Ataul Huq Pramanik

IIUM Press

Gombak *2015

Contents

List ofFigures List of Tables Preface Introduction by Ataul Huq Pramanik

XI xiii

xvii xix

PART 1: DEVELOPMENT OF SMEs IN MUSLIM COUNTRIES

Chapter 1 The Development of Small and Medium 3 Enterprises (SMEs) in Turkey Rininta Nurrachmi Khairunnisa Abd Samad Ibrahim Foughali

Chapter 2 The Development Small and Medium 27 Enterprises (SMEs) in Nigeria Sulaiman Adesina Yusuf Olubunmi Lawrence Balogun

Chapter 3 Small and Medium Enterprises (SMEs) in 54 Bangladesh: Constraints and its Contributions Sabrina Mohamed Kassim Nawalin Nazah Nursechafia Abdul Halim Hakim

Chapter 4 Problems and Global Challenges of Small and 75 Medium Enterprises (SMEs) in Iran Aminah Doloh Naz Abdul Kareem Arif

Chapter 5 Micro, Small and Medium Enterprises (MSMEs): 99 The Case of Indonesia Rico Ricardo Nor Salwani Ahmad Nurul Riddhaina Salahuddin

Contents

Chapter 6 Challenges and Survival of Small Muslim 122 Retailers: A Case Study of a Village (ABC) in Malaysia Siti Nabihah Abdullah Haslindar Ibrahim

Chapter 7 Study on Financing Need and Behavior of 134 Small and Medium-Size Enterprises (SMEs) in Klang Valley, Malaysia Siti Khadijah Ab. Marian Moha Asri Abdullah

Chapter 8 The Progress of Small and Medium 160 Enterprises (SMEs) in Pakistan Salman Sani Shaheera Mohamed

PART 2: ISSUES IN SMEs IN MUSLIM COUNTRIES

Chapter 9 Implications of Financial Exclusion for 189 Microenterprises Underdevelopment in Ilorin, Nigeria Adewale, Abideen Adeyemi Mustafa Daud Abdulkadir, Rihanat Idowu

Chapter 10 The Challenges of Micro Enterprises in 203 Malaysia and the Prospect for Integrated Cash Waqf Micro Enterprise Investment (ICWME-I) Model Mohamed Asmy Mohd Thas Thaker Mustafa Omar Mohammed

Chapter 11 Inter-Firm Linkages, Business Strategie*, 223 and Firm Performance: An Empirical Study of Small Industrial Clusters in Central Java, Indonesia Arif Hoetoro Moha Asri Abdullah

Vlll

Contents

Chapter 12 Are Tunisian SMEs Adopting E-commerce? 246 An Exploratory Study Dhekra Azouzi Abdelghani Echchabi

Chapter 13 The Role of Networks and Clusters of SMEs in 267 Developing Countries: Jordan as a Case Study Mohammad Izuddin Idris Muhammad-Bashir Owolabi Yusuf

Chapter 14 An Evaluation of Legal Framework on the 293 Growth and Development of SMEs in Nigeria Abdulfatai O. Sambo Abdulkadir O. Abdulrazak Abdulkadir B. Abdulkadir

Chapter 15 Fundamentals of Islamic Law in Small and 311 Medium Enterprises YusuffJelili Amuda

Chapter 16 Empowering Small and Medium Enterprises (SMEs) in Pacing ASEAN-China Free Trade Area (ACFTA) Moha Asri Abdullah ArifHoetoro

337

Contributors Index 367

ix